This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following phenomena can be explained by the simple comparative advantage theory? (Read 28 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Apr 19, 2019

Question 1

An example of a(n) ________ comparative advantage is that some U.S. consumers prefer German beer over American beer because German beer has a reputation for tasting better.


◦ unwarranted
◦ acquired
◦ natural
◦ subsidized

Question 2

Which of the following phenomena can be explained by the simple comparative advantage theory?


◦ A country that has a vast amount of farmland tends to export agricultural goods.
◦ A country with little skilled labor tends to export highly technical goods.
◦ A country tends to import the goods that it can produce at a lower opportunity cost.
◦ A country imports and exports the same goods.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dollx on Apr 19, 2019

heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


dollx

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: Apr 19, 2019
Thanks


heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Simple food web of an Arctic island. NOTE: The indication of detritivores and pathogens was not part Simple food web of an Arctic island. NOTE: The indication of detritivores and pathogens was not part
Comparative illustration of a leopard (left) and cheetah (right) Comparative illustration of a leopard (left) and cheetah (right)
simple squamous simple squamous
Urinalysis. During a simple urinalysis, a stick with colored blocks is dipped into a urine specimen. Urinalysis. During a simple urinalysis, a stick with colored blocks is dipped into a urine specimen.
Applying developmental theory to care Applying developmental theory to care
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library